JPA Financial Planning Ltd

Charity Walking Football Match for Parkinson’s UK! Today JPA Financial Planning teamed up with Keep Trust Planning for a friendly game of walking football at Swindon Supermarine, all in support of Parkinson's UK. It was a fantastic day filled with teamwork, laughter, and plenty of competitive spirit – all for an incredible cause. 💙 Why we did it: Parkinson’s UK provides vital support to individuals and families affected by Parkinson’s and funds groundbreaking research to find a cure. Every step we took on the pitch helps contribute to this important mission. Thank you to everyone who supported us, cheered us on, or donated to this great cause. Together, we’re making a difference! #CharityEvent #WalkingFootball #ParkinsonsUK #Teamwork #JPAFinancialPlanning #KeepTrustPlanning

Unlocking success: How a good financial plan can help my small business When starting a business, you may hear about the importance of ‘telling your story in numbers’. This means understanding what drives your business by looking at its financial figures and communicating this effectively. This understanding is not just important to explain your financial position to lenders, investors or other stakeholders. It’s critical for running the business successfully long term. Read more in our latest blog https://lnkd.in/eDREXkrs #BusinessFinance #FinancialPlanning #BusinessSuccess

Have I left it too late to start saving for my retirement? The answer is no. Earlier is better, especially when you’re at peak earning capacity (probably in your early 50s), but it’s never too late to start planning your retirement, whatever age you are. When you’re considering your future, you simply want reassurance and practical advice that you’ll have enough funds to cover your expenses and enjoy a comfortable lifestyle after you stop working. A pension can help you: - Bridge a potential income gap. If you haven’t saved enough for retirement or anticipate a shortfall in your retirement income. - Take advantage of your employer’s matching contributions, which can boost your retirement savings significantly. - Increase your retirement options. Pensions offer flexibility in terms of how you access the funds during retirement. #FinancialPlanning #RetirementSavings #PensionPotential

If there’s one word to describe the UK tax system, it’s ‘complicated’. Regulations, as we saw in the Autumn Budget, can change frequently and even if you’re more informed than most, it’s easy to misinterpret the rules – and end up walking into a 60% tax trap without realising. Read our latest blog where we look at how you can beat the 60% tax trap. https://lnkd.in/ed6r-fqb #FinancialPlanning #TaxTrap #StealthTax

Creating A Retirement Budget We now have more choices, more information and more personal accountability for our retirement income. But will the future we look forward to be one we can afford? The Retirement Living Standards, launched by the Pensions and Lifetime Savings Association (PLSA), helps provide a budgeting benchmark for three different standards of living: minimum, moderate and comfortable. The PLSA’s latest figures, released in February 2024, show that a single person will now need £14,400 a year to achieve the minimum living standard. They would need £31,300 a year for moderate, and £43,100 a year for a comfortable lifestyle, which includes a two week holiday in Europe and several UK mini breaks. Many people may be shocked to learn how little income their savings will provide. Which is why it’s vital to realise the power of ‘saving sooner rather than later,’ and not simply hoping for the best. Consulting with a financial advisor can help. #FinancialFreedom #RetirementPlanning #PensionPotential

✨ Happy New Year from all of us at JPA Financial Planning ✨ We would like to take this opportunity to thank you for all of your support throughout 2024 and wish you a happy and prosperous new year! #HappyNewYear #2025 #FinancialPlanning2025

Maximising Tax Efficiency In Retirement Planning Not surprisingly leaving behind a good legacy for your loved ones is high on most peoples financial wish lists, and the less inheritance tax they pay, the more you will be able to pass on to them. Currently IHT is charged at 40% on the portion of the estate over the £325,000 threshold, or up to £500,000 if it includes a family home worth at least £175,000 which is passed on to children, grandchildren or another direct lineal descendant. Most of us know that we can reduce the value of our estate by gifting money during our lifetime – it’s one of the most straightforward elements of inheritance planning. Fewer people are aware that their death-in-service benefits or workplace pension lump sums can be protected to help your family avoid a high IHT bill. There is a way to protect this money for your family for all generations, however – by setting up a Legacy Preservation Trust (LPT). Trusts can play an important role in legacy planning. And a Legacy Preservation Trust or LPT, does exactly what it says on the tin – preserves your legacy for the longer-term, so money can pass tax-efficiently through several generations of your family. #LegacyPlanning #InheritanceTax #FinancialPlanning

5 Top Tax-Saving tips for 2025. Getting smarter with your money, how you save it, where you invest it, and when you spend it can give you greater confidence and peace of mind... read our latest blog for our top five tips for 2025! https://lnkd.in/e9mdNBvU #FinancialAdvice #2025TaxSavings #FinancialPlanningUK

According to a recent survey the peak age for seeking retirement advice is 55, but is that too little, too late? When we’re starting out, retirement planning is a distant dot on the horizon, and getting our day-to-day finances in order is uppermost in our minds. One in four (26%) of GenZ (18-27) said they’d need advice on better budgeting in the next six months – and only 12% had thought about asking for advice on retirement planning at this point. This trend continues through the Millennial generation – aged 28-43 – who also put better budgeting in first place (22%). But once we’re over the age of 44, one in three of us prioritise planning a financially secure retirement above everything else. Our recent analysis indicates that if a 30-year-old made a gross investment of £5,000 each year into a pension scheme, they’d have a projected fund of £268,000 available at the age of 62. Waiting until they were 35 to start saving into a pension could mean a £67,000 reduction to their retirement fund. And a fifteen-year delay, starting contributions at age 45, could bring it down it by £169,000. The net result? Less money to spend in retirement, and less money to pass on to the next generation. #PensionPlanning #FinancialAdvice #RetirementFund

Wishing you a very Merry Christmas and a prosperous new year from the team at JPA Financial Planning ✨ #MerryChristmas #FinanceUK #JPAFinancialPlanning